23rd Mar 2015 10:04
LONDON (Alliance News) - Life sciences company Horizon Discovery Group PLC on Monday said it has signed a manufacturing agreement with ArcherDX Inc, a next-generation sequencing fusion detection company.
Under the agreement, Horizon's Reference Materials will be supplied as a standalone product alongside ArcherDX's Archer FusionPlex to aid customer validation of its ALK fusion assay kits.
Horizon reference materials will be available to be bought alongside the Archer FusionPlex ALK fusion tests.
Horizon did not provide any financial details on the contract.
"Our agreement with Archer is a recognition of the importance of providing controls alongside a targeted sequencing assay, and as an important OEM agreement is a milestone for Horizon. We are delighted that ArcherDX has chosen to include our HDx Reference Material alongside their assay kits," said Horizon's Paul Morrill, the president of its products business.
Shares in Horizon were trading flat at 219.50 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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